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No - Monthly Service Fee
No - Minimum Balance
No - Annual Fee ATM or MasterMoney Debit Card (Debit Card available upon approval)
Simplify your checking and stop by today to apply.
For more Information, refer to our Personal Checking Web Page. |
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| Passbook Savings |
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$10.00 |
Click more info |
Passbook |
Basic Savings |
| Statement Savings |
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$10.00 |
Click more info |
Statement |
Basic Savings |
| Super Savings |
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$5,000.00 |
Click more info |
Statement |
Higher Rate of Interest |
| Youth Savings |
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$10.00 |
No Fees |
Passbook |
18 Years & Younger |
| Christmas Club |
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No Fees |
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Holiday Savings |
Our interest bearing savings account designed for individuals who want easy record keeping with a "Savings Passook".
- An initial minimum deposit of $10 is required to open this type of account.
- The minimum quarterly balance fee of $3 will be waived, if you maintain a $50 minimum balance each day during the quarter.
- You will be issued a “Savings Passbook” to track and record all of your transactions.
- Your Interest Rate and Annual Percentage Yield (APY) may change. At our discretion, we may change the interest rate on your account at any time.
- Account fees may reduce your earnings.
- Interest will be compounded and credited to your account quarterly and begins to accrue on the business day of your deposit.
- We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- You will need to maintain a minimum balance of $100 in the account each day to obtain the disclosed APY.
- Transaction limits apply. You are limited to six (6) pre-authorized withdrawals/transfers per calendar month including; ACH, Internet, Telephone, or Wire Transfers. No limits apply to withdrawals/transfers made by Mail, Messenger, or in Person at any Progressive Bank location.
- We reserve the right to at any time require not less than 7-days notice in writing before each withdrawal from an interest-bearing account other than a time depsit account.
- 24-hour convenient account access through our Telephone Call Center and our Online Banking Net-Teller service. (registration required)
If you would like more information on any of our "Savings Accounts" above, or would like to open an account at Progressive Bank, just give us a call or stop by any of our conveniently located offices. |
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